MARA Holdings Acquires Long Ridge Energy & Power for $1.5 Billion
MARA Holdings (NASDAQ: MARA) has agreed to acquire US-based energy infrastructure firm Long Ridge Energy & Power in a deal valued at approximately $1.5 billion, including debt assumption. The acquisition includes a 505-megawatt natural gas power plant and over 1,600 acres of land suitable for data centers and high-performance computing workloads.
Tickers: $MARA
Topics: AI infrastructure data centers digital infrastructure energy M&A